IMF warns on China's property market worsening as it cuts country's growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.
IMF lifts US growth forecast but marks down China; sees lackluster global economy
The International Monetary Fund on Tuesday raised its 2024 economic growth forecasts for the U.S., Brazil and Britain but cut them for China, Japan and the euro zone, adding that risks abound from armed conflicts,
IMF Lowers Global Growth Forecast, Warns of Increasing Risks
The International Monetary Fund lowered its global growth forecast for next year and warned of accelerating risks from wars to trade protectionism, even as it credited central banks for taming inflation without sending nations into recession.
Tariff surge would damage global growth, IMF warns
It’s a policy that is harming basically everyone,” Pierre-Olivier Gourinchas, the IMF ’s top economist, said of the risk of higher trade barriers. “It’s harming the rest of the world. It’s harming the US.
IMF Lowers China 2024 Growth Forecast, Warns Property Woes 'Could Worsen'
The International Monetary Fund (IMF) revised its forecast for China's growth this year down slightly to 4.8 percent on Tuesday, warning that a persistent downturn in the real estate sector could potentially worsen.
IMF Cuts China Growth Forecast, Warning of Worsening Property Crisis
China's growth forecast for 2024 has been downgraded by the International Monetary Fund (IMF), which cites a deepening property crisis as a key risk to the global economic outlook, CNBC reports. The organization now predicts China's economy will expand by 4.
IMF Raises 2024 US Economic Growth Outlook, Downgrades China's Forecast
The US economy is expected to see stronger growth this year than previously forecast, though China is poised for a slowdown, while commodity markets face risks from escalating geopolitical conflicts,
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Emirates and aviation sector to contribute over a third of Dubai’s GDP by 2030
Emirates and Dubai’s aviation sector are expected to contribute over a third of the region’s gross domestic product by 2030 ...
Best’s Special Report: Anticipated 2025 Growth in Canada’s Gross Domestic Product Should be a Tailwind for Insurers
Canada’s economy continues to grow, supported by a still favorable labor market, rising asset prices and falling inflation, ...
Powering Progress: How U.S. Manufacturing Drives Innovation And Growth
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How is the end of the year shaping up, and what are the expectations for the business environment in H2 2024? CONFIDEX 11th Edition begins
Companies are already adjusting their investment budgets and slowing down the outsourcing of services, which indicates a more ...
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US Gross Domestic Product Growth (GDP) in Q4 2023 Exceeds Expectations
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US business inventories rise in August on retail stocks
U.S. business inventories increased in August, lifted by stocks at retailers, government data showed on Thursday.
Inside the big summit where Putin hopes to defy Western pressure on Ukraine war
Representing 41.1% of the world’s population and 37.3% of its GDP, the bloc aims to counterbalance U.S.-led Western alliances ...
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Aviation sector’s share of Dubai GDP seen at $53bn by 2030
The share of the aviation industry to Dubai’s economy hit a record Dhs137bn in gross value added, equivalent to 27 per cent ...
Tamil Nadu’s Gross State Domestic Product grew 8.23% in 2023-24
Tamil Nadu's economic growth, per capita income, and sector-wise contributions compared to national averages from 2012-24.
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South Korea’s economy ekes out growth as BOK assesses risks
Gross domestic product expanded 0.1% in the three months through September from the previous quarter, the Bank of Korea said ...
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Peru Gross Domestic Product (GDP) YoY
Investing.com - Peru’s gross domestic product fell more-than-expected last month, official data showed on Monday.In a report, INEI Peru said that Peruvian GDP fell to a seasonally adjusted ...
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Korea to overtake Japan, Taiwan in per capita GDP this year: IMF
Korea’s per capita gross domestic product (GDP) will exceed $36,000 (49.6 million won) this year, continuing to outpace Japan and Taiwan for the second consecutive year, according to a report by the ...